Tally ERP MCQ Quiz - Multiple Choice Questions & Answers Page 4

31. Which of the following user type can view audit list?

1. Tally Vault
2. Owner
3. Data Entry
4. Administrator

32. How can data be imported in tally ?

1. One company to another company created within Tally Package
2. Other programs - a spreadsheet or a database file.
3. Depends on number of companies
4. Both A and B

33. Which of the following file is usually used as a master file?

1. Inventory subsidiary
2. Cash disbursements.
3. Cash receipts.
4. Payroll transactions.

34. What is the advantage of a computer-based transaction processing system?

1. Does not require as stringent a set of internal controls.
2. Will produce a more accurate set of financial statements.
3. Eliminates the need to reconcile control accounts and subsidiary ledgers.
4. Will be more efficient at producing financial statements.

35. Which of the following can be budgeted in tally?

1. Net Transactions
2. Closing Balance
3. Closing Balance
4. A and B

36. Which of the following can be budgeted in tally?

1. Net Transactions
2. Closing Balance
3. Closing Balance
4. A and B

37. Which of the following shows daily balance for a selected voucher type?

1. Daybook
2. Trial Balance
3. Balance Sheet
4. None of the above

38. Which shortcut key(s) are used to enter a stock journal in tally?

1. F7
2. Control + F7
3. Alt + F7
4. Shift + F7

39. How many types of users are present in tally?

1. 1
2. 2
3. 3
4. 4

40. Which shortcut key(s) are used to display list of inventory reports within balance sheet?

1. F8
2. F9
3. F10
4. F11